Indian government seeks domestic automakers to boost electric vehicle production

Tesla's withdrawal from the Indian market is due to the fact that Tesla is facing financial pressure and cannot invest in India in the short term. Previously, Tesla CEO Elon Musk had postponed his visit to India. The Indian government is counting on domestic automakers, such as Tata Motors, to promote the production of electric vehicles. If Tesla re-engages with India in the future, Tesla can still enjoy India's import tax policy, which Indian officials welcome.